Volume Stonkers | Coinbase surged 11.32%, NVIDIA Reaches Record High Amid AI Demand

NVIDIA rose 2.43%, with a trading volume of $31.875 billion. NVIDIA's stock reached a record high as investors anticipate strong, long-term demand for AI, driven by robust sales of the Blackwell chip. Additionally, NVIDIA was active in the options market.

Tesla increased by 0.62%, with a trading volume of $18.775 billion. Tesla's recent spotlight came from the remote control capabilities of the Optimus robot, and German factory employees accused the company of aggressive anti-union tactics. Tesla options trading was also highly active.

Apple rose 1.65%, with a trading volume of $9.075 billion. There are market rumors that Apple might release a cheaper headset next year. The demand for Apple's Vision Pro headset remains low, and there are concerns about reduced applications.

Microsoft increased by 0.68%, with a trading volume of $6.923 billion. The market noted that Bubeck, a senior AI researcher at Microsoft, will join OpenAI, and Deutsche Bank maintained its buy rating for Microsoft.

Microstrategy fell 5.14%, with a trading volume of $6.741 billion. Recently, Bitcoin's price surpassed $66,000, causing volatility in Microstrategy and other cryptocurrency-related stocks.

AMD dropped 1.56%, with a trading volume of $5.271 billion. AMD is under pressure due to underperforming AI solutions, prompting Wall Street analysts to lower its target price.

Meta rose 0.08%, with a trading volume of $4.87 billion. Goldman Sachs raised Meta Platforms' target price to $636, while Adobe's new text-to-video AI model poses a challenge to Meta.

Amazon fell 0.68%, with a trading volume of $4.236 billion. Baird maintained Amazon's buy rating with a target price of $213, and the market remains optimistic about the humanoid robots industry.

Coinbase Global surged 11.32%, with a trading volume of $3.431 billion. The rise in Bitcoin's price drove growth in Coinbase and other cryptocurrency-related stocks, with active options trading.

Broadcom increased by 0.46%, with a trading volume of $3.124 billion. Mizuho maintained its buy rating for Broadcom, and the market holds an optimistic view of its future performance.

Google A rose 1.05%, with a trading volume of $3.11 billion. Alphabet, Google's parent company, announced an agreement with nuclear power company Kairos Power to support its AI development with nuclear energy.

Longboard surged 51.65%, with a trading volume of $2.534 billion. The company's stock performed exceptionally well amid a major rise in the Dow Jones, with the healthcare sector also seeing gains on Monday afternoon.

Pinduoduo fell 6.03%, with a trading volume of $2.419 billion. Ongoing uncertainty around U.S.-listed Chinese stocks continues to pressure companies like Pinduoduo.

Alibaba dropped 2.12%, with a trading volume of $2.304 billion. Barclays maintained its buy rating for Alibaba, raising the target price to $137, but uncertainty around Chinese stocks persists.

TSMC rose 0.81%, with a trading volume of $2.247 billion. The market anticipates strong Q3 earnings for TSMC, with its global expansion continuing.

SMIC fell 0.86%, with a trading volume of $2.144 billion. Options trading for SMIC was active, with the market focusing on its hardware and telecom equipment performance.

Netflix dropped 1.36%, with a trading volume of $1.991 billion. Netflix plans to boost Q3 revenue through ad-supported membership packages and price increase strategies.

JPMorgan fell 0.28%, with a trading volume of $1.961 billion. JPMorgan hired executive Hanlan from Deutsche Bank to enhance its healthcare sector transactions.

Wells Fargo rose 1.97%, with a trading volume of $1.92 billion. Wells Fargo's Q3 earnings exceeded expectations, prompting analysts to raise earnings forecasts, with active options trading.

Palantir dropped 0.21%, with a trading volume of $1.781 billion. Palantir announced it will release its Q3 2024 earnings report, drawing attention in the options market.